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Why? ( 5 points ) ii . What are the asset class weights in an efficient portfolio with an expected return of 8 . 6

Why? (5 points)
ii. What are the asset class weights in an efficient portfolio with an expected return of 8.6
percent? (15 points)\table[[Institutional Investor - Corner Portfolios,,,,,,,,],[,,,,Asset Class (Portfolio Weights),],[\table[[Corner],[Portfolio],[Number]],\table[[Expected],[Return]],\table[[Standard],[Deviation]],\table[[Sharpe],[Ratio]],\table[[Domestic],[Equities]],\table[[Foreign],[Equities]],\table[[Intermediate],[Bonds]],\table[[Long-Term],[Bonds]],\table[[International],[Bonds]],\table[[Real],[Estate]]],[1,10,0%,15,0%,0,53,100,0%,0,0%,0,0%,0,0%,0,0%,0,0%],[2,8,9%,11,0%,0,62,61,9%,0,0%,0,0%,0,0%,0,0%,38,1%],[3,8,4%,9,8%,0,65,40,3%,13,9%,0,0%,0,0%,0,0%,45,8%],[4,7,9%,9,0%,0,66,32,5%,14,3%,0,0%,0,0%,8,7%,44,5%],[5,7,3%,7,8%,0,68,19,9%,21,1%,16,9%,0,0%,0,0%,42,1%],[6,6,1%,5,9%,0,7,0,0%,26,6%,37,8%,0,0%,0,0%,35,6%],[7,5,3%,5,4%,0,62,0,0%,13,0%,59,9%,0,0%,0,0%,27,1%]]
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